All of the following require a journal entry for a corporation except:

		1% stock dividend.
		100% stock dividend.
		4-for-1 stock split.
		$10/share cash dividend.

The journal entry for recording interest expense on a bank loan payable includes

		A debit to interest expense.
		A debit to note payable.
		A credit to interest expense.
		A credit to revenue.

Which of the following is an investing activity?

		paying debt.
		getting cash from creditors.
		getting capital from investors.
		collecting a loan receivable's principal.

Tibeerius Corporation declared a 4% stock dividend on July 1, 2022 for all shareholders on record as of July 8, 2022. The share price prior to the dividend was $10/share. Sammy John owned 500 shares of Tibeerius Corporation as of July 8, 2022. What is true?

		The market value of Sammy Johns shares was $5,200 prior to the dividend.
		Sammy John is not eligible for the dividend.
		Tibeerius Corporation does not have to record any journal entries.
		Sammy John has 520 shares after the dividend.

At Jessop Incorporated, there was a 35% increase in sales and a 50% increase in cost of goods sold over a 3-year period. Therefore:

		a) there is an unfavorable sales trend and a favorable cost of goods sold trend.
		b) there is a favorable sales trend and an unfavorable cost of goods sold trend.
		c) both the sales and cost of goods sold trends are unfavorable.
		d) both the sales and cost of goods sold trends are favorable.